By Katherine K. Chan, Reporter
ELEVATED OIL PRICES and prolonged disruptions amid the widening Middle East war may prompt the Bangko Sentral ng Pilipinas (BSP) to raise the key policy rate as early as its April meeting, Finance Secretary Frederick D. Go said.
“If the price of oil continues to persist at elevated levels, it is most likely that the Monetary Board will consider tightening in the next meeting,” Mr. Go, who is also a Monetary Board member, said in an interview with Bloomberg TV on Tuesday.
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